Nominet, a UK based cyber security provider, acquired CyGlass, a Boston-based cyber company.
The amount of the deal was not disclosed.
The acquisition will enable Nominet to build on the progress they have made building a network detection and response capability to protect critical networks. This is the first deal as a part of a strategy to broaden its offer in cyber security, through organic growth and acquisitions.
Led by Managing Director Ed Jackowiak, CyGlass offers affordable, advanced threat detection built for SMEs. Its Network Defence as a Service (NDaaS) identifies, detects, and responds to threats in a network without requiring any additional hardware, software, or people. The cloud continuously analyses billions of conversations happening on an organisation’s network, learns what is normal, and alerts when suspicious behaviours that risk the security of the critical IT assets are detected. The company has already secured customers through channel partners in US, Europe, Middle East, and Asia and will in future use Nominet’s reseller partner program ‘Velocity’. Now part of the Nominet group, CyGlass will continue to run as a separate business from its base in Boston.
Led by Russell Haworth, CEO, Nominet has a global cyber security business, focused on network detection and response, with its platform NTX now deployed by Governments and enterprises around the world. With over 20 years’ experience running critical internet infrastructure, the company runs a protective DNS service as part of the UK Government’s respected ‘Active Cyber Defence’ programme.
Nominet has offices in Oxford, London and Washington DC.
FinSMEs
21/02/2020